US Tech Stocks Tumble as Chinese AI Startup DeepSeek Shakes the Industry
US stock markets plummeted on Monday, driven by concerns over the rapid rise of a Chinese AI startup, DeepSeek. The company’s advancements in artificial intelligence have spooked investors, with the most notable casualty being chipmaker Nvidia, which saw a historic loss of nearly $600 billion in market value, the largest single-day drop in US stock…